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PKC Group: PKC Group Plc - Announcement regarding change in holdings

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PKC Group Plc Company announcement 27 March 2017 11.10 a.m.

PKC Group Plc - Announcement regarding change in holdings

PKC Group Plc has 27 March 2017 received a notification with reference to Chapter 9, paragraph 5 of the Finnish Securities Markets Act.

According to information received by PKC, the total number of PKC shares owned by MSSL Estonia WH OÜ, has exceeded the limit of 90% on 27 March 2017 and was 95.60% of PKC Group Plc's share capital and votes. PKC's registered total number of shares and voting rights amounting to 24,125,387 shares on March 27, 2017 has been used in the calculation of percentages in the announcement. The company has one series of shares.

Total positions of MSSL Estonia WH OÜ subject to notification:


% of shares and% of shares and voting Total of voting rights through financial both in (total of A) instruments (Total of B)% (A + B) --------------- -------------------------------------------------- --------------- Resulting situation on 94.18% 1.43 95.60% the date on which threshold was crossed or reached ------------------ -------------------------------------------------- ------------ Position of previous - - - notification (if applicable) --------------------------- ---------------------------- -------------------------


Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights


Class / type Number of shares Number of shares% of shares and% of shares and of shares and voting and voting voting rights voting rights rights --------------------- -------------------------------------------------- --------- ISIN code Direct (SMA 9: 5) Indirect (SMA Direct (SMA Indirect (SMA 9: 6 and 9: 7) 9: 5) 9: 6 and 9: 7) --- -------------------------------------------------- --------------------------- FI00090063 22,720,757 94.18% 81 ------------------ -------------------------------------------------- ------------ SUBTOTAL A 22,720,757 94.18% --------------------------------- -----------------------------------------------


B: Financial instruments according to SMA 9: 6a


Type of Expirat Exercise / Physical or Number of% of shares financial ion Conversion cash shares and and voting instrument date period settlement voting rights ----------------------- -------------------------------------------------- ------- 2012B stock April April 1,2016 Physical 269,000 1.12 options 30,2018 - April settlement 30,2018 ----------------------- -------------------------------------------------- ------- 2012C stock April April 1,2017 Physical 75,300 0.31 options 30,2019 - April settlement 30,2019 ----------------------- -------------------------------------------------- ------- SUBTOTAL B 344.300 1.43 ------------------------------------------------ --------------------------------


MSSL Estonia WH OÜ (the "Offeror"), a wholly-owned indirect subsidiary of Motherson Sumi Systems Limited ("MSSL"), commenced on February 6, 2017 a voluntary recommended public tender offer to purchase all the issued and outstanding shares and stock options in PKC Group Plc ("PKC") that are not owned by PKC or any of its subsidiaries (the "Tender Offer"). The Offeror has announced on March 24, 2017 the final result of the Tender Offer and the completion trades for the shares and options were executed on March 27, 2017 and will be settled on or about March 29, 2017 as a result of which offeror's total shareholding in PKC will exceed 90% of the shares and voting rights.

PKC Group Plc

Matti Hyytiäinen

President & CEO


distribution

Nasdaq Helsinki

Main media

www.pkcgroup.com


PKC Group is a global partner, designing, manufacturing and integrating electrical distribution systems, electronics and related architecture components for the commercial vehicle industry, rolling stock manufacturers and other selected segments. The Group has production facilities in Brazil, China, Germany, Lithuania, Mexico, Poland, Russia, Serbia and the USA. The Group's revenue from continuing operations in 2016 totaled EUR 846 million. PKC Group Plc is listed on Nasdaq Helsinki.
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